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~ ~CASE #: ~ <br /> <br /> AUTHORIZE STAFF TO EXTEND AGREEMENT WITH <br />INSURANCE AGENT OF RECORD FOR YEAR BEGINNING DECEMBER 15, 1998 <br /> <br />By: Linda Waite Smith, Acting City Administrator <br /> <br />Background: <br /> <br />The City annually contracts with an insurance agent to provide insurance and risk management <br />advice and assistance. On December 15 1997, T. C. Field & Co. became the City's agent of <br />record, at an annual cost of $3,000. <br /> <br />Staff Recommendation: <br /> <br />T. C. Field & Co. has provided excellent service during the past year. As a result, staff <br />recommends that the agreement to provide services as agent of record be extended for the next <br />year at the current annual cost of $3,000. <br /> <br />Committee Action: <br /> <br />Recommend that City Council authorize staff to extend the agreement with T.C. Field & <br />Company to serve as the City's insurance agent of record for one year, beginning December 15, <br />1998, for a fee of $3,000. <br /> <br />Reviewed By: <br /> <br />City Administrator <br />Finance Officer <br /> <br />FC 11/10/98 <br /> <br />Copies also distributed to: <br /> <br />lindas\insuragt.98 <br /> <br /> <br />